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    861 4Th St Grand Junction, CO 81501

    For Sale
    $1,099,000

    MULTI_FAMILY - Other - Grand Junction, CO

    Property size:
    6,664 SF
    Lot size:
    0.18 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 861 4Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Bedroom 6, Bathroom 2, Bathroom 4, Bedroom 7, Bedroom 5, Bathroom 6, Bedroom 1, Bedroom 4, Bathroom 5, Bedroom 2, Basement, Bedroom 3, Bathroom 1
    Bedrooms
    7
    Bathrooms
    6
    APN
    2945-144-04-007
    Parking features
    Guest
    Patio and Porch features
    Patio
    Interior features
    WalkInClosets, WindowTreatments, ProgrammableThermostat
    Exterior features
    Shed
    Appliances
    Dryer, Dishwasher, ElectricOven, ElectricRange, Refrigerator, Washer
    Size
    6,664 SF
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Hot Water(Heating)
    Cooling system
    Central Air, Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1907
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Carpet, Tile, Hardwood
    Building materials
    Brick, WoodFrame
    Roof type
    Asphalt, Composition
    Architectural style
    Other
    Additional Structures
    Shed(s)

    COLDWELL BANKER DISTINCTIVE PROPERTIES (970) 243-0456

    Listing agent Jen Pedersen (970) 201-4468

    Listing date Nov 19, 2025

    MLS# 20253870 Listing URL

    Overview

    Downtown Grand Junction Mixed-Use Opportunity

    Located in Downtown Grand Junction, "The Cinderella Building" at 861 Grand Avenue is a renovated 1907 Victorian property. The building offers 3,122 square feet of commercial space across the main and second floors, which may be converted back to residential. The office layout includes multiple private offices, a spacious conference room, and a fully equipped kitchen. Original hardwood floors, exposed brick walls, and large windows are present throughout. The property also features three residential rental units totaling 3542 square feet, including a detached "Carriage House" Accessory Dwelling Unit (ADU). Situated on a corner lot just off Main Street, the property has high visibility, a lighted street-facing sign, and ample parking. The backyard provides outdoor space. It has quick access to Downtown Grand Junction, local shops, restaurants, the Avalon Theatre, CMU, and the Mesa County Library. The property has mixed-use zoning, allowing both residential and commercial uses. Recent upgrades include a new roof and mini-splits. The property is suited for professional offices, boutique retail, service businesses or a residence.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Grand Junction
    County
    Mesa
    State
    Colorado
    Longitude
    -108.557899
    Latitude
    39.070038

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    FAQs

    What type of property is this?
    Mixed-use property - Renovated 1907 Victorian gem with commercial and residential spaces.
    Where is this mixed-use property located?
    The property is located at 861 4Th St Grand Junction, CO.
    What is the asking price?
    The asking price for this property is $1,099,000.
    What are key features of this property?
    This property features: - Prime Downtown Grand Junction Location: High visibility corner lot, close to Main Street, shops and restaurants.; - Mixed-Use Zoning with Income Potential: Commercial space plus three residential rental units, offering flexible use and income streams.; - Renovated Historic Building: A fully renovated 1907 Victorian gem with original hardwood floors and exposed brick.
    (970) 201-4468
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    861 4Th St Grand Junction, CO 81501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    861 4Th St Grand Junction, CO 81501
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